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Job ID: 34243
Job Openings by Title Director
Location Quebec, Canada
Description:
Position:	Director

Company:	Reinsurance

Location:	Quebec

Job ID:		34243


Responsibilities:

- Actively participate in the accounting section of the IFRS 17 project team responsible for setting up IFRS 17.
- Support the analysis, interpretation and understanding of the requirements of the new IFRS 17 accounting standard and participate in the documentation of positions and accounting choices.
- Review the structure of the accounting charter and recommend changes to meet various disclosure requirements under IFRS 17.
- Participate in the preparation of pro forma financial statements and reconciliation of the current IFRS 4 standard to IFRS 17.
- Participate in the definition, and implementation of new closing processes to meet the requirements of IFRS 17, including identification of required data and required modifications to existing processes.
- In conjunction with corporate actuarial, participate in the completion of various studies and preliminary scenarios to draw the consequences on the financial statements and produce summaries for senior management.
- Participate in the definition and optimization of new production processes for financial information and the establishment of a process control system.
- Participate in drafting and formalizing the key design principles of IFRS 17 closing and reporting processes.
- Ensuring compliance of data between administrative and accounting systems.
- Contribute to the training of the teams on the topics addressed.
- Participation in industry meetings with information sharing with other team members.
- Continuous monitoring of ongoing developments in IFRS accounting standards and Canadian regulatory requirements that may affect the company in a preventive manner with analysis of possible impacts.
- Coordination, production and review of reports to support and respond to various requests for ad hoc information from senior management.
- Establishment and maintenance of close links with other departments, suppliers, consultants and stakeholders.

Qualifications:

- A CPA designation or equivalent, with a minimum of 10 years of relevant experience, including at least 3 years in a manager position.
- Fluency in English and French, written and spoken.
- Knowledge of reinsurance or personal insurance is a major asset.
- Experience in researching, analyzing.
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